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CSPAN
Nov 13, 2012 12:00pm EST
but continuing with the theme of abundance, we will see the development of an energy surplus because of technological advances in exploiting both oil and natural gas resources, combined with new energy efficiency measures that will greatly reduce u.s. energy use. now the u.s. is now predicted, the international energy agency, predicts the u.s. will be the, will be the number one producer of oil by 2020. it will also be probably close to the top in the producers of natural gas. this will give us the wealth and income, mike lindh mentioned -- lind, mentioned 1 1/2% of gdp, we have 16 to 20 years to make up for the short fall in, in social security and 4 to 5% in medicare. well, the explosion of a moving from a energy deficit to a energy surplus will more than half close that gdp gap. so, we have a economic conditions that suggest that the challenges we face are the exact opposite of what the bowles-simpson grand bargain would impose on us as a growth strategy. the conditions that we're going to face over the next five to eight years with some amelioration if we do the right things are
CSPAN
Nov 9, 2012 12:00pm EST
and the truth is, they are brutal. you look what is happening in the iranian energy area, not only the fact that they're able to sell, you know, less than 50% of what they were selling before. it is that their production, their output is down from over 4 million barrels a day to 2.6 million barrels a day. part of the reason for that is precisely because of the sanctions, the inability to continue to invest in the energy infrastructure, the inability to continue to pump and store oil as they shut down oil fields that may not be so easy for them to recoup. you look what is happening to the currency, the devaluation. there are some estimates that the currency is being devalued by half every two months. think about what that means. it means that what you're buying, when you go and you buy something it costs you twice as much. it means what you have in the bank is worth half as much. if this is continuing to happen, it is bound to have an effect on the society as a whole whole. look at what the supreme leader has been saying over the last couple weeks. on more than one occasion he has explicitly
CSPAN
Nov 8, 2012 12:00pm EST
with the fire wall strategy spending about half of the convention dollars in energy. the three fire walls deutsch of florida, ohio and virginia which aside from indiana and north carolina is more appointed to victories of 2008 were the lowest percentage stays for barack obama. they have to those states together have 60 electoral votes they would appear to have to be entered 32 electoral votes without them he would have 272 which would meet only one other state would have tipped. there is not a likely candidate as you look down the percentages in this election. but it was nonetheless close. and i think it is this proved to be effective if you carry committees currently carrying florida by 46,000 votes and by 107,000 virginia by 100,000. the two injured 53,000 votes margins are responsible for his big electoral vote margin. it is a classic example of a high-risk strategy. the obama strategist are now going to be healed with some appropriateness as berlin and for employing the strategy. if a few numbers turn out a little differently they might be excoriated, but the fact is that they succeed
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